Abbott Northwestern Hospital Foundation
THE MISSION OF ABBOTT NORTHWESTERN HOSPITAL FOUNDATION IS TO RAISE, STEWARD AND DISBURSE FUNDS FOR THE BENEFIT OF ABBOTT NORTHWESTERN HOSPITAL AND THE COMMUNITIES IT SERVES. THE FOUNDATION IS A SEPARATE NOT-FOR-PROFIT ENTITY DEDICATED TO SUPPORTING THE HOSPITAL AND IS GOVERNED BY A SEPARATE BOARD. ABBOTT NORTHWESTERN HOSPITAL IS THE TWIN CITIES' LARGEST NOT-FOR-PROFIT HOSPITAL. EACH YEAR, THE HOSPITAL PROVIDES COMPREHENSIVE HEALTH CARE FOR MORE THAN 200,000 PATIENTS AND THEIR FAMILIES FROM THE TWIN CITIES AREA AND THROUGHOUT THE UPPER MIDWEST. THE HOSPITAL IS ROUTINELY NAMED IN NATIONAL RANKINGS OF THE NATION'S BEST HOSPITALS, INCLUDING BEING NAMED IN U.S. NEWS AND WORLD REPORT'S "AMERICA'S TOP 50 HOSPITALS" LIST FOR TEN CONSECUTIVE YEARS. ABBOTT NORTHWESTERN HOSPITAL IS A PART OF ALLINA HEALTH SYSTEM, A FAMILY OF HOSPITALS, CLINICS AND CARE SERVICES.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.1M
-87.6% YoY
Grant Count
8
-20.0% YoY
Avg Grant Size
$133K
-84.5% YoY
About Abbott Northwestern Hospital Foundation
Based on IRS filings
Abbott Northwestern Hospital Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2022. In 2022, it awarded 8 grants totaling $1.1M. Net investment income was $388K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $113,856,259 | $101,132,691 |
| Revenue | $1,364,520 | $16,235,794 | $26,668,324 |
| Expenses | $1,420,852 | $10,567,500 | $7,122,896 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $388,405 | $3,724,979 | $8,275,035 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2022
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANN MADDEN RICE | SVP-PRESIDENT ANW | 2 | — |
| RICHARD MEYER | DIRECTOR/PRESIDENT | 40 | — |
| JEAN WATSON MD | DIRECTOR | 2 | — |
| LINDA KETOVER MD | DIRECTOR/CHAIR/PAST CHAIR | 2 | — |
| LEE AROSTEGUI MD | DIRECTOR | 2 | — |
| CONLEY BROOKS | DIRECTOR/TREASURER | 2 | — |
| BARBARA BURWELL | DIRECTOR/VICE CHAIR | 2 | — |
| JEANNE COOK | DIRECTOR | 2 | — |
| KRISTINE FORTMAN PHD | DIRECTOR | 2 | — |
| BERIT FRANCIS | DIRECTOR | 2 | — |
| THOMAS GUNDERSON | DIRECTOR | 2 | — |
| MARTHA HEAD | DIRECTOR | 2 | — |
| BENJAMIN JAFFRAY | DIRECTOR | 2 | — |
| MUMTAZ KAZIM MD | DIRECTOR | 2 | — |
| MEGAN GIVENS LAATSCH | DIRECTOR | 2 | — |
| TODD LIFSON | DIRECTOR | 2 | — |
| MARTHA MACMILLAN | DIRECTOR | 2 | — |
| MICHELLE MILLER | DIRECTOR/SECRETARY | 2 | — |
| DAN O'LAUGHLIN MD | DIRECTOR | 2 | — |
| JESSE OVERTON II | DIRECTOR | 2 | — |
| JASON PAULNOCK | DIRECTOR/CHAIR | 2 | — |
| ROB SIT | DIRECTOR/VICE CHAIR | 2 | — |
| JULIE VANDERBOOM | DIRECTOR | 2 | — |
| RAYMOND YU | DIRECTOR | 2 | — |
| RICHARD MAGNUSON | CFO | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Assets
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Grants
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Total Given
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Assets
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Assets
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Assets
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Total Given
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Clearway Minnesota (sm)
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Assets
—
Grants
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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